MIRA INFORM REPORT
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Report Date : |
13.01.2012 |
IDENTIFICATION DETAILS
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Name : |
PROTH INDUSTRIAL CO., LTD. |
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Registered Office : |
1F.20, Industrial Dist., 9th Rd., Hsi Tun Dist., Taichung |
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Country : |
Taiwan |
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Date of Incorporation : |
14.06.1980 |
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Com. Reg. No.: |
36017510 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of surface grinder and the related products |
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No. of Employees
: |
About 100 Employees |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Taiwan |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact
Points
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Company Name: |
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Supplied Name: |
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Trading Address: |
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Supplied Address: |
No. 20, 9th Road, Taichung Industrial
District, Taichung, Taiwan |
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Telephone Number: |
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Fax Number: |
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E-mail: |
Notes:
The exact name is as above.
The supplied address is not accurate, and the exact address is as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification
Details
History
Subject was incorporated on
Shareholders
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Subscription
Shares |
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Yuzheng Zhang |
289 |
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Yuxin Zhang |
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289 |
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Yuerong Chen |
578 |
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Shumei Zhangwu |
116 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Factory:
|
Address: |
Jiaxing,
Zhejiang, China |
Subject
introduced that it has a factory located in Jiaxing, but she declined to
disclose more details about it.
Personnel
Information
Core
Management
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1 |
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Name |
Yuzheng Zhang |
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Position |
Board Chairman |
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2 |
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Name |
Yuxin Zhang |
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Position |
Director |
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3 |
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Name |
Yuerong Chen |
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Position |
Director |
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4 |
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Name |
Shumei Zhangwu |
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Position |
Supervisor |
Personnel
Structure
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Total Employees |
About 100 Employees |
Operation
Information
Offices
& Factories
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Headquarters |
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Add |
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Production
Information
l
Subject is a manufacturer of surface grinder with the production
activities
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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1 |
Import and export of varies of grinding machine |
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2 |
Trade of above products’ raw material. |
l
The components and raw material for production are
mostly purchased from local Taiwan.
l
Subject is mainly engaged in manufacturing and trading
of surface grinding machine and the related products and services.
l
Subject introduced that Major products sold
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Product |
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1 |
Saddle Series |
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2 |
Column Series |
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3 |
Over-arm Series |
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4 |
Double Column Planer Series |
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5 |
CNC Series |
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6 |
Rotary Series |
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7 |
V800 (New Vertical Grindier) |
l
Subject introduced that it has a factory located in
Jiaxing, China, and it also has many agents located all over the world, such as
Asia, Europe and so on.
l
Subject introduced that its selling territory
covers all over the world.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Subject declined the
purchase settlements information, and from other sources, we couldn’t obtain
the information, either.
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Surface grinding machine and the related products
and services. |
CBD, etc |
100% |
Export
|
Sales Terms |
Proportion |
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Surface grinding machine and the related products
and services. |
T.T, L/C, etc. |
100% |
Financial
Information
Subject has no obligations to disclose its financial statements to the third
party according to the relevant policy in Taiwan and the only source from which
we can obtain the information is the subject itself.
Subject’s relevant staff Ms. Li declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
The bankers’ information is not available from the
subject or other sources.
Public
Record
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
Interview
Details
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Name |
Ms. Li |
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Position: |
Sales |
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Tel: |
+886 4 2359-2300 to 12 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.83 |
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UK Pound |
1 |
Rs.79.42 |
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Euro |
1 |
Rs.65.90 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.